DOT Price Hits Dead Zone as Momentum Falters
Polkadot's (DOT) price has been stagnant at $0.84, with momentum completely stalled and aggressive sell flow dominating the market.
The decline is not accompanied by any capitulation panic, but rather a grinding, low-conviction sell-off with spot volume on Binance barely scraping $3.9M for the day.
Momentum has effectively flatlined, with the MACD and its signal line converged to near-zero separation, making it difficult for either bulls or bears to take control.
The stochastic is sitting below the midpoint and drifting lower, adding a bearish lean to the short-term picture.